ICHR Latest Report

Key Financial Data

1. Ichor Holdings' total operating revenue in December 2024 was RMB233,291,000, reflecting the company's sales performance during the period, although lacking the data from the same period last year for direct year-on-year comparison.

2. Ichor Holdings' cumulative operating revenue in the fiscal year 2023 as of September 29, 2023 was US$608 million, a year-on-year decrease of 37.89%, indicating significant challenges faced by the company in the market environment.

3. The global semiconductor equipment sales in 2024 are expected to reach US$113.0 billion, a year-on-year growth of 6.5%, showing the overall growth potential of the industry.

Peer Comparison

1. Industry-wide analysis: The semiconductor industry has benefited from technological advancements and increased market demand in recent years, with overall operating revenue generally showing an upward trend. According to the International Semiconductor Industry Association's forecast, the global semiconductor market is expected to reach US$611.231 billion in 2024, a year-on-year growth of 16.0%. This growth is mainly driven by the demand for emerging technologies such as 5G, IoT, and automotive electronics.

2. Peer evaluation analysis: Ichor Holdings' operating revenue level needs to be evaluated in conjunction with the performance of other companies in the industry. According to market data, some competitors' operating revenue growth rate in 2024 reached 20% or higher. If Ichor Holdings' operating revenue growth is lower than this level, it may indicate its disadvantage in the market competition.

Summary

Ichor Holdings' total operating revenue in 2024 shows a certain sales performance, but contrasts sharply with the significant revenue decline in 2023. The semiconductor industry as a whole is developing well, with strong demand growth, but Ichor may face pressure in product innovation and market competition.

Opportunities

1. With the continuous growth of the global semiconductor market, Ichor can increase operating revenue by expanding its market share and improving product quality.

2. If the company can launch new products or technological innovations, it will help attract new customers and boost sales.

3. With the rapid development of automotive electronics and smart home, Ichor can focus on these high-demand markets to achieve business growth.

Risks

1. The significant revenue decline in 2023 may affect investor confidence.

2. If Ichor fails to keep pace with the industry growth, it may lead to further loss of market share in the competitive semiconductor industry.

3. Ichor may face price competition pressure from other competitors with better performance in the industry.